Overview
Description
CPSE Exchange Traded Fund (ETF) is an investment vehicle designed to track the performance of the Nifty CPSE Index, which comprises public sector enterprises across various industries in India. This ETF was created with the primary function of providing investors exposure to a diversified portfolio of centrally-managed public sector companies, facilitating access to companies that play critical roles in the Indian economy. The constituents of the CPSE ETF span multiple sectors including energy, financial services, and industrials, thus offering a balanced exposure to key areas of the country's economic framework.
The CPSE ETF acts as a bridge for investors seeking efficient and cost-effective access to the growth potential of public sector enterprises. It holds significance in the financial markets as it not only attracts individual and institutional investors but also aids in the government's disinvestment strategy, thereby contributing to fiscal consolidation efforts. By investing in a mix of well-established companies, the CPSE ETF offers a stable platform for tracking the development of public enterprises that drive major infrastructural and economic developments in India.
About
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Website
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Instrument type
ETF
Country
India
MIC code
XNSE